Suryalakshmi Cotton Mills Limited informed that IDBI has withdrawn the nomination of Nominee Director Sri A.Mallilcarjun and nominated Sri V.V.S.Ravindra as a Nominee Director in his place with effect from October 15, 2018 Sri V.VS.Ravindra has more than 24 years of Banking Experience in IDBI Bank Limited across the areas of Corporate Finance, Merchant Banking, Project Appraisals, Infra Financing, Loan Syndication, Credit Risk Management and Recovery. Sri Ravindra is presently working as General Manager, NPA Management Group at IDBI Bank Ltd., Hyderabad.